Costing Manager – Manufacturing

Perfect Placer Management Consulting; Ahmedabad District; On-site; INR 600,000 - 800,000; Full time

Job summary

A consulting firm in Gujarat is seeking a Costing Manager with significant expertise in cost accounting and manufacturing. Responsibilities include maintaining accurate cost information, participating in the budgeting process, and ensuring integrity of financial reporting. The ideal candidate will have a CWA qualification and 2-5 years of relevant experience. This role offers an opportunity to contribute to operational decision-making and financial accuracy.

Qualifications

• 2-5 years of cost accounting experience in the manufacturing industry.
• Thorough knowledge of cost accounting principles, systems, and procedures.
• Demonstrate good work paper and analytical techniques.

Responsibilities

• Responsible for accurate reporting of Cost of Goods Manufactured and Sold.
• Monthly reconciliation and updating of standard costs to actual costs.
• Actively participate in the annual budgeting process.

Skills

Cost accounting principles

Analytical techniques

Communication with department managers

Education

CWA

Job description

Overview

Costing Manager (Manufacturing MNC)

Job Description

• Responsible for setting up and maintenance of accurate process cost information, reconciliation of standard costs to actual costs, maintenance of perpetual inventory system, participating in the month end close and budgeting process, and day-to-day operations and reporting requirements.
• Responsible for developing/maintaining an effective cost accounting system to reduce costs and improve overall profitability.

Duties & Responsibilities

• Process Cost accounting – responsible for the accurate reporting of Cost of Goods Manufactured and Sold.
• Performs regular cycle counts to correct inventory misstatements.
• Monthly reconciliation and updating of standard costs to actual costs.
• Maintenance of a perpetual inventory system.
• Monthly closing process – schedule and coordinate with outside departments and within the department to meet the 4-day close. This includes planning and leading monthly and quarterly inventory, preparing journal entries, posting, balancing and reconciling subsidiary ledgers.
• Actively participate in the annual budgeting process by providing updated cost information across different product lines.
• Coordination with finance department and internal/external auditors.
• Reconciliation of inventory balances.
• Provide accurate and timely financial information including actual product costs and standard costs for new products.
• Analyze complex manufacturing processes in coordination with Plant managers to improve decision making.
• Provide account analysis for assigned accounts and other accounts as necessary.
• Maintain integrity and accuracy of accounting system.
• Any other duties as assigned.

Qualifications And Experience

1. CWA with 2-5 years of cost accounting experience in the manufacturing industry. Thorough knowledge of cost accounting principles, systems, and procedures.
2. Examine and verify financial documents.
3. Demonstrate good work paper and analytical techniques.
4. Communicate financial information with department managers.
5. Promote the mission, vision and values of the organization.
6. Exercise independent judgment within established systems and procedures.
7. Prepare a variety of financial statements, reports and analysis timely and accurately.
8. Establish and maintain effective internal and external working relationships.